I actually like Malvern's strategy. If I had been doing that my account would be better than it is right now. A lot of people think that one day this is going to rocket to the moon and never come back. it was supposed to happen on events like Holder and the divi, but those have come and gone and here we are. So to me it looks more like a steady climb upwards, which is good for everyone including flippers. IMO
Yes that's what held me back for ages. I actually sold MJNA at .11 to start buying MWIP at .013 shortly after that it ran to .50. I kicked myself until this ran to .12 then I kicked myself for not taking profit (flipping) between the peak and .10
If I had done that I would have probably 600k plus shares now instead of around 350....but I see where I could have gotten burned as well.
I have learned to time things pretty well.
In a downtrend I sell on the slight gap up in the morning putting my bid just below what I think the peak of the morning will be, then I try to identify a bottom and pick up shares there.
I think green markets are a lot harder to flip in. Depending on volume tomorrow I am looking for a flip in the high .05s.
If we run for some reason on heavy volume tomorrow I think we will touch .07 or .08 if we get through the .05s IMO.
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